SBI Group to Launch JPYSC Stablecoin Lending Service With 3% Annual Yield This Month

Highlights:

• SBI Group plans to launch JPYSC lending in July, offering holders a 3% annual return.
• The service will let users lend yen-backed JPYSC through SBI VC Trade and earn steady returns.
• The move expands SBI’s regulated stablecoin strategy and gives customers another use for their JPYSC holdings.

SBI Group plans to introduce a lending service for its yen-backed JPYSC stablecoin this month, giving holders an annual return of 3% for lending their tokens. Nikkei reported the plan on July 13, marking the next step in SBI’s effort to expand the use of regulated stablecoins in Japan.

The service will be offered through SBI VC Trade, the group’s licensed crypto trading platform and the main distributor of JPYSC. Users will be able to lend their JPYSC holdings to the company and receive a return based on the announced annual rate. JPYSC maintains a fixed exchange rate of one token for one Japanese yen on the platform. Therefore, the product will offer a yen-based return rather than exposure to the sharp price movements often seen in cryptocurrencies.

BREAKING: SBI Group launches JPYSC lending service this month, offering 3% annual yield on Japan's yen-pegged stablecoin.

SBI Holdings, Japan's largest financial services conglomerate ($214B in assets), is live with fixed-rate stablecoin lending.

The move deepens… pic.twitter.com/fd1XsCDyLG

— MSB Intel (@MSBIntel) July 13, 2026

JPYSC Holders Could Earn Through SBI VC Trade

SBI had already signaled its lending plans before the latest Nikkei report. In a financial presentation published in May, the group said JPYSC lending would be offered at an annual rate between 1% and 3% after the stablecoin became available. The latest report places the planned return at the top of that range and says the launch could take place during July.

The product would expand the ways customers can use JPYSC inside SBI VC Trade. Instead of only buying, holding or selling the stablecoin, users would have the option to lend it for a return. However, crypto lending is different from placing money in a bank deposit. The tokens are provided under a lending arrangement, which can have different conditions, protections and tax treatment.

SBI VC Trade already operates a lending product for the US dollar-backed stablecoin USDC. That service launched on March 19, with an initial annual rate of 10% and a 12-week term. The JPYSC plan extends the company’s broader lending strategy to a stablecoin linked directly to the Japanese yen.

Japan’s First Trust-Based Yen Stablecoin

SBI Group and Startale Group launched JPYSC on June 24. SBI Shinsei Trust Bank issues the token, while SBI VC Trade manages its distribution. Japanese yen and equivalent assets held through the trust structure support the stablecoin’s value. 

🚨JUST NOW: JAPAN JUST GOT ITS FIRST TRUST-BACKED YEN STABLECOIN

SBI Group is launching JPYSC, a yen-pegged stablecoin issued through SBI Shinsei Trust Bank.

JPYSC’s trust structure lets it bypass Japan’s ¥1M transaction limit, making it more useful for large settlements.

This… pic.twitter.com/zx5md5GQ1t

— Coin Bureau (@coinbureau) June 24, 2026

JPYSC is Japan’s first yen stablecoin issued under this trust-based model. Unlike fund-transfer-type stablecoins, it is not subject to the statutory 1 million yen limit on transfers and balances. The structure can support larger payments, corporate settlements, and institutional transactions. 

SBI Expands Its Stablecoin Strategy

SBI sees JPYSC as more than a trading product. The group has identified possible uses in cross-border payments, on-chain foreign exchange, institutional lending, and settlement for tokenized real-world assets. The planned 3% lending service could help SBI attract more users and encourage customers to keep JPYSC on its platform. It may also provide an early test of demand for regulated, yield-generating yen stablecoin products as Japan’s digital asset market continues to develop.